PAIIX vs. FEQIX
Compare and contrast key facts about PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX) and Fidelity Equity-Income Fund (FEQIX).
PAIIX is managed by PIMCO. It was launched on Oct 1, 1995. FEQIX is managed by Fidelity. It was launched on May 16, 1966.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAIIX or FEQIX.
Performance
PAIIX vs. FEQIX - Performance Comparison
Returns By Period
In the year-to-date period, PAIIX achieves a 3.43% return, which is significantly lower than FEQIX's 21.03% return. Over the past 10 years, PAIIX has underperformed FEQIX with an annualized return of 1.65%, while FEQIX has yielded a comparatively higher 5.60% annualized return.
PAIIX
3.43%
0.23%
2.75%
7.46%
0.61%
1.65%
FEQIX
21.03%
2.06%
10.57%
24.20%
7.42%
5.60%
Key characteristics
| PAIIX | FEQIX | |
|---|---|---|
| Sharpe Ratio | 2.38 | 2.47 |
| Sortino Ratio | 3.60 | 3.42 |
| Omega Ratio | 1.49 | 1.45 |
| Calmar Ratio | 0.65 | 2.55 |
| Martin Ratio | 10.46 | 17.48 |
| Ulcer Index | 0.71% | 1.41% |
| Daily Std Dev | 3.14% | 9.96% |
| Max Drawdown | -14.76% | -62.07% |
| Current Drawdown | -4.59% | 0.00% |
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PAIIX vs. FEQIX - Expense Ratio Comparison
PAIIX has a 0.90% expense ratio, which is higher than FEQIX's 0.57% expense ratio.
Correlation
The correlation between PAIIX and FEQIX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
PAIIX vs. FEQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX) and Fidelity Equity-Income Fund (FEQIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PAIIX vs. FEQIX - Dividend Comparison
PAIIX's dividend yield for the trailing twelve months is around 3.44%, more than FEQIX's 1.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAIIX PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) | 3.44% | 2.25% | 1.65% | 1.03% | 1.53% | 3.76% | 1.79% | 2.09% | 2.25% | 4.19% | 6.38% | 1.72% |
FEQIX Fidelity Equity-Income Fund | 1.53% | 1.78% | 1.93% | 1.55% | 1.50% | 1.82% | 2.73% | 2.03% | 2.37% | 7.35% | 8.14% | 2.18% |
Drawdowns
PAIIX vs. FEQIX - Drawdown Comparison
The maximum PAIIX drawdown since its inception was -14.76%, smaller than the maximum FEQIX drawdown of -62.07%. Use the drawdown chart below to compare losses from any high point for PAIIX and FEQIX. For additional features, visit the drawdowns tool.
Volatility
PAIIX vs. FEQIX - Volatility Comparison
The current volatility for PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX) is 0.67%, while Fidelity Equity-Income Fund (FEQIX) has a volatility of 3.25%. This indicates that PAIIX experiences smaller price fluctuations and is considered to be less risky than FEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.